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Circle's EURC Launch and USDC Surge Challenge Tether's Dominance

1 min read
Source: AMBCrypto News
Circle's EURC Launch and USDC Surge Challenge Tether's Dominance
Photo: AMBCrypto News
TL;DR Summary

Tether's market share has dropped from 82% to 74% in 2024, while USDC has gained ground, increasing its market share to 12%. This shift is driven by growing demand for regulated stablecoins, particularly among institutional investors, and new regulations like the EU's MICA. Tether is also expected to suspend USDT redemptions on several blockchains by September 2025.

Topics:business#cryptocurrency#market-share#regulation#stablecoins#tether#usdc
Share this article
  1. USDC gains ground: Tether’s market share drops to 74% in 2024  AMBCrypto News
  2. Circle launches euro-backed EURC on Base, enabling layer-2 forex trades  Cointelegraph
  3. Circle’s USDC Leading Demand for Regulated Stablecoins, According to Analytics Firm Kaiko  The Daily Hodl
  4. Tether loses ground, market share shrinks to 74%  crypto.news
  5. Circle Brings EURC To Base Boosting Stablecoin Adoption  CoinGape

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